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$9,745,000
3a/3b, 4 Pandion Road, Shelter Island, NY 11964
0 Beds
0 Baths
n/a SqFt

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In a real estate market tight on inventory, comes a rare opportunity in Shelter Island to secure 2 lots with 875 feet of water frontage. Set along Coecles Harbor and facing east, this 9.8 acre offering has full planning board approval, able to have its own dock, and is a true blank canvas. The waterfront lot, Lot 3A/3B, has Department of Health Services ("SCDHS") and Department of Environmental Conservation ("DEC") applications pending. The conceptual renderings and proposed site plan provided reveal just a glimpse into the type of residence one could build here along the water. The options with this offering are vast and exciting. Lot 3A/3B, closest to the water is divided in two, so that the next owner can build a main residence on the first parcel and a guest house on the 2nd or build a sister home on each lot. The conceptual plan proposes a 6,000 square foot main house and 3,000 square foot guesthouse. (A single lot residence over 6,000 square feet requires issuance of a Special Permit from the Town of Shelter Island.) The 3.8 acre lot farther from the water, Lot 4, with exceptional water views, is also able to have a 6,000 square foot house on it and more. There are a plethora of opportunities here. Located at the end of a cul-de-sac, the parcels are part of the Pandion Subdivision. The subdivision offers owners access to a deep water dock, tennis court(s), boat storage, and a brand new waterfront boat house ideal for entertaining or rinsing off from a boating adventure. The setting is also extraordinary as the lots are all surrounded by wetlands, protected lands, and Coecles Harbor. Pandion is just five (5) minutes from the Shelter Island South Ferry to Sag Harbor and one (1) mile +/- to the center of town. For boat enthusiasts, this is a dream location with the ability to dock your boat at multiple locations and set off to multiple destinations. All owners are also entitled to a mooring in the Harbor as well. At your waterfront home, enjoy views of Coecles Harbor, Mashomack Preserve, Ram Island, and Gardiners Bay in the distance, and countless sunrises. Adventures to Sag Harbor Village and the North Fork are just moments away.
  • Price:
  • $9,745,000
  • Acreage:
  • 9.80
  • Listing ID #:
  • 11079372
  • Street Address:
  • 3a/3b, 4 Pandion Road
  • City:
  • Shelter Island
  • State:
  • New York
  • Postal Code:
  • 11964
  • County:
  • Suffolk
  • Listing Status:
  • Active
  • Listing Type:
  • Lots And Land
  • Stories:
  • 0.0
  • Conforms To Zoning:
  • 100
  • Property Taxes:
  • $43,413
  • Parking Description:
  • Garage
  • Waterfront:
  • Yes
30-year Conforming

5.37%

-0.05%

30-year FHA

5.307%

-0.026%

30-year VA

5.025%

-0.073%

Last updated: 8/15/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2022 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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